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Alexander Industries just had a very profitable year. The owner has decided to invest $225,000 of the profits in a venture that pays an 8%

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Alexander Industries just had a very profitable year. The owner has decided to invest $225,000 of the profits in a venture that pays an 8% rate of return for fifteen years. How much more would the investment have been worth if the owner could have made 9% on this investment? a. $193,804 b. $261,218 c. $105,821 d. $9,158

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